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NEWCOR ANNOUNCES QUARTERLY DIVIDEND INCREASE AND ANNUAL MEETING DATE

NEWCOR ANNOUNCES QUARTERLY DIVIDEND INCREASE AND ANNUAL MEETING DATE
 TROY, Mich., Dec. 11 /PRNewswire/ -- The Newcor, Inc. board of directors at its Dec. 10, 1991 meeting voted to increase the quarterly dividend 20 percent by declaring a dividend of $.06 per share to be paid Feb. 4, 1992, to shareholders of record Jan. 15, 1992.
 The board also announced that the record date for the determination of shareholders entitled to notice of and to vote at the annual meeting of shareholders will be Jan. 24, 1992. The annual meeting will be held at the Michigan State University Management Center, Troy, on Wednesday, March 11, 1992.
 Newcor, headquartered in Troy, designs and manufactures custom machines and manufacturing systems as well as special precision machined parts. Newcor is listed on the American Stock Exchange under the symbol NEW.
 -0- 12/11/91
 /CONTACT: Marjorie H. Edwards of Newcor, 313-643-7730/
 (NEW) CO: Newcor, Inc. ST: Michigan IN: SU: DIV


ML -- DE001 -- 1305 12/11/91 08:27 EST
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Publication:PR Newswire
Date:Dec 11, 1991
Words:165
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